Transaction in Own Shares

RNS Number : 9547F

First Property Group PLC

21 January 2010

 



Date:             21 January 2010

On behalf of: First Property Group plc ("First Property" or the "Group")

For Immediate Release

First Property Group plc

Transaction in own shares

First Property Group plc ('First Property' or the 'Company') announces that on 21 January 2010 it purchased 400,000 of its own ordinary shares at an average price of 15.0 pence per ordinary share. All of the purchased shares are to be held as treasury shares.

Following the transfer into treasury, First Property has in issue (excluding the total of 3,830,588 ordinary shares now held in treasury) 107,770,527 Ordinary Shares.

The above figure of 107,770,527 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

For further information contact:

First Property Group plc	Tel: [phone]
Ben Habib (Chief Executive)	www.fprop.com
Arden Partners	Tel: [phone]
Chris Hardie (Director Corporate Finance )
Redleaf Communications	Tel: [phone]
Adam Leviton/Kathryn Hurford	[e-mail]

Notes to editors:

About First Property Group plc

• First Property Group plc was established in March 2000 by Chief Executive Ben Habib and listed its shares on the Alternative Investment Market (AIM) in December 2000.
  
• First Property Group plc is a property services group which provides the following core services:

          - Property Fund Management - established in August 2002 and provided by a wholly owned 
            subsidiary, First Property Asset Management Ltd (FPAM), with operations in the UK, 
            Central and Eastern Europe;

          - Property Trading - established in August 2001, also provided by FPAM, with operations in 
            the UK, Central and Eastern Europe;

          - Facilities Management - acquired 60% of First Property Services Ltd, (formerly F W Cook 
            Services Ltd) an air conditioning installation and maintenance contractor.

•  Further information about the Company and its products can be found at: www.fprop.com

 

END

 

 

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